FHL Announces Rio Prize Packages

Nov. 15, 2017, 10:47 a.m.

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A month away from the Rio Olympics, the Fijian Holdings Group has announced attractive prize packages for athletes who nab a medal at the world’s greatest sporting event.

Athletes who strike gold in individual events will be rewarded $12,000, followed by $8000 for silver and $5000 for bronze. These will be complimented by employment opportunities by Fijian Holdings Limited for medal winners.

For sporting teams, each player will receive $2,500 for a gold medal win, followed by $1,500 each for silver and $1000 for bronze.

“This is the best opportunity for Fiji since we stared sending Olympians in 1956 and it is our duty as a corporate citizen to motivate these men and women,” stated Group CEO, Nouzab Fareed.

” As Fijians, we are starving for Olympic medals. We are doing well in the international area, so we are not at Rio 2016? Try hard. Do us proud.”

According to FHL, the cost of the reward program would depend on the outcome of the event and could exceed $100,000 if the best scenario is considered.

FHL’s subsidary sectors cover construction, media, tourism, retail, manufacturing, financial and property investments.

Through Fijian Property Trust Company Limited, it owns Ratu Sukuna House and Vanua House, and manages Ra Marama on behalf of the Fijian Holdings Property Trust Fund.